The next 10 years will bring more change to how people and products move than any decade since the invention of the automobile. Emerging technologies and business models like ride-hailing, autonomous driving and delivery, micro-mobility and even eVTOL (flying cars, finally) stand to disrupt profit pools that Goldman Sachs Research estimates exceed $700bn.
The size of the opportunity has to-date created a hyper-competitive environment marked by massive operating losses, but this “sugar rush” of cheap rides should soon fade as the ecosystem matures. With this, GS Research expects consolidation that will lead to profitability, the establishment of category leaders, and significant opportunities for investors.
